Ackermans & Van Haaren NV (Ackermans & Van Haaren NV) EBIT : $727 Mil (TTM As of Dec. 2023)

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What is Ackermans & Van Haaren NV EBIT?

Ackermans & Van Haaren NV's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was $433 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $727 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ackermans & Van Haaren NV's annualized ROC % for the quarter that ended in Dec. 2023 was 2.21%. Ackermans & Van Haaren NV's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 27.49%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Ackermans & Van Haaren NV's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 5.12%.

Ackermans & Van Haaren NV EBIT Historical Data

The historical data trend for Ackermans & Van Haaren NV's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ackermans & Van Haaren NV EBIT Chart

Ackermans & Van Haaren NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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678.84

442.74

706.61

981.94

728.60

Ackermans & Van Haaren NV Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
EBIT	Get a 7-Day Free Trial															427.15	383.82	597.31	293.89	432.79

Competitive Comparison of Ackermans & Van Haaren NV's EBIT

For the Engineering & Construction subindustry, Ackermans & Van Haaren NV's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Ackermans & Van Haaren NV's EV-to-EBIT Distribution in the Construction Industry

For the Construction industry and Industrials sector, Ackermans & Van Haaren NV's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Ackermans & Van Haaren NV's EV-to-EBIT falls into.

Ackermans & Van Haaren NV EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $727 Mil.

Ackermans & Van Haaren NV (OTCPK:AVHNY) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Ackermans & Van Haaren NV's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

	ROC % (Q: Dec. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	602.992 * ( 1 - 17.95% )	/	( (22115.865	+	22585.093)	/ 2 )
=	494.754936	/	22350.479
=	2.21 %

where

	Invested Capital		(Q: Jun. 2023 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	20131.534	-	1485.154	-	( 1766.563	-	max(0, 10307.931	-	6838.446	+	1766.563	))
=	22115.865

	Invested Capital		(Q: Dec. 2023 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	20742.118	-	1605.942	-	( 3328.577	-	max(0, 10730.654	-	7281.737	+	3328.577	))
=	22585.093

Note: The Operating Income data used here is two times the semi-annual (Dec. 2023) data.

2. Joel Greenblatt's definition of Return on Capital:

Ackermans & Van Haaren NV's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	865.588	/	( ( (3124.462 + max(-1101.228, 0))	+	(3172.75 + max(-1396.273, 0)) )	/	2 )
=	865.588	/	( ( 3124.462	+	3172.75 )	/	2 )
=	865.588	/	3148.606
=	27.49 %

where Working Capital is:

	Working Capital		(Q: Jun. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(824.966	+	453.368	+	120.066)	-	(1485.154	+	0	+	1014.474)
=	-1101.228

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(860.816	+	453.411	+	84.981)	-	(1605.942	+	0	+	1189.539)
=	-1396.273

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Ackermans & Van Haaren NV's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	726.68	/	14206.720
	=	5.12 %

Ackermans & Van Haaren NV EBIT Related Terms

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Ackermans & Van Haaren NV (Ackermans & Van Haaren NV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Ackermans & Van Haaren NV (OTCPK:AVHNY) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

AVHNF:USA ACKBb:UK 0GYM:UK B3K:Germany ACKB:Belgium

Address

Begijnenvest 113, Antwerp, BEL, 2000

Website

https://www.avh.be

Ackermans & Van Haaren NV is a global investment company with five core business segments, including Marine Engineering and Contracting, Private Banking, Real Estate and Senior Care, Energy and resources, and AvH and Growth Capital. The company has a long-term, activist orientation focused on making investments in growth companies with international exposure. A plurality of its net profit mix is derived from its Marine Engineering & Contracting segment, followed closely by its Private Banking & real estate and senior care division.